Non-communicable diseases are still on the rise in Vietnam, and thus more choice and more modern answers are required, Photo: Le Toan Pfizer plans to bring numerous innovative medicines to Vietnam over the next four years. This is in line with its global strategy, as the company has made significant progress towards launching 19 new products over an 18-month span, having executed 11 launches so far. According to Pfizer, the company continues to build momentum, recently attaining key milestones for several products, including the US launches of Prevnar 20 in paediatric patients; as well as US approvals and launches of several other key medicines Darrell Oh, country manager of Pfizer Vietnam, told VIR, “Pfizer Vietnam will continue focusing our business where we believe we can have the greatest impact on patients and society – pursuing what we believe to be the most innovative biopharmaceutical therapies and vaccines.” “More than ever, we believe that the innovative industry … [Read more...] about Innovative medicine sales top the list for multinationals
Biodiversity improves water quality through niche partitioning
District in Phu Tho province taps into hot springs to boost tourism
Tourists experience the 5-star service at Wyndham Thanh Thuy Mineral Hot Spring Resort in Thanh Thuy district. (Photo: wyndhamthanhthuyresort.net) Phu Tho (VNA) – Boasting hot springs and unique historical and cultural relics , Thanh Thuy district in the northern midland province of Phu Tho is striving to turn tourism into one of its spearhead economic sectors, raising income for local residents. The district has poured capital into upgrading roads that link local key tourism sites with inter-provincial routes to facilitate traveling and attract investment into tourism projects. Thanh Thuy has lured more than 7 trillion VND (286 million USD) into the tourism sector since 2020. Thus, the infrastructure system serving tourism has been gradually improved. High-quality tourism products are being developed, along with building brands for the district’s tourism products. Vuon Vua Resort & Villas, a popular destination in Thanh Thuy district (Photo: … [Read more...] about District in Phu Tho province taps into hot springs to boost tourism
IFC invests in Vietnam’s first local currency sustainability bonds
The International Finance Corporation (IFC), a member of the World Bank Group, announced on Tuesday that it is investing up to VND3.5 trillion (US$150 million) in Vietnam's first-ever local currency sustainability-linked bonds (SLBs) issued by BIM Land Joint Stock Company and its subsidiary, Thanh Xuan Joint Stock Company. The first local currency SLBs in Vietnam aim to help issuers expand their businesses while creating jobs, boosting competitiveness, and supporting the country's low-carbon growth model. IFC's investment comprises two subscriptions—over VND2.3 trillion (about $100 million) to be issued by BIM Land, a tourism and property developer in Vietnam, and nearly VND1.2 trillion (about $50 million) to be issued by Thanh Xuan Joint Stock Company. Both the issuers are subsidiaries of BIM Group, a multi-sector corporation in Vietnam. The proceeds will be used to develop the Thanh Xuan valley project in northern Vinh Phuc Province, including an eco-friendly and unique … [Read more...] about IFC invests in Vietnam’s first local currency sustainability bonds
Long An’s Tan An city reforms administrative procedures
At the municipal Public Administration Centre (Photo: baolongan.vn) Long An (VNA) – With a commitment to placing people and businesses at the centre to improve service quality, Tan An city in the Mekong Delta province of Long An is continuing its efforts to build a professional, modern, dynamic and responsible administrative system. administrative system , and meeting the needs of citizens. This step-by-step approach aims to modernise the State administrative system. Deputy Director of the municipal Public Administration Centre Vo Van Thang (third from right) receives the certificate of merit from the Chairman of the provincial People's Committee (Photo: baolongan.vn) Additionally, the city is exploring new and effective models to facilitate convenient and speedy interactions and document handling for citizens, ensuring their satisfaction with the motto of "discipline, responsibility and efficiency." The city will also continue with the development of … [Read more...] about Long An’s Tan An city reforms administrative procedures
E.C. pledges support for Vietnam in developing sustainable fisheries
E.C. Commissioner for the Environment, Oceans and Fisheries Virginijus Sinkevičius made the remarks at a meeting with Vietnamese Minister of Agriculture and Rural Development Le Minh Hoan in Brussels on September 18. The E.C. representative also said the E.C. wants to assist the Southeast Asian nation in becoming a model of sustainable fisheries development and anti-illegal, unreported, and unregulated (IUU) fishing in the world. In the meeting, Hoan told Sinkevičius that Vietnam saw the yellow card of the E.C. not only as a challenge but also an opportunity for the local fisheries sector to switch from a small-scale, tropical, multi-sector, multi-species industry to a responsible and sustainable one. A comprehensive plan with specific goals and solutions has been developed and implemented across all levels, especially in coastal localities, with an active participation of authorities, organizations, fishing communities, associations, and seafood businesses. So far, with … [Read more...] about E.C. pledges support for Vietnam in developing sustainable fisheries
EC pledges support for Vietnam in developing sustainable fisheries
The EC representative also said the EC wants to assist Vietnam in becoming a model of sustainable fisheries development and anti-illegal, unreported, and unregulated ( IUU ) fishing in the world. Hoan said Vietnam has clearly identified sustainable fisheries development as the key to addressing the EC's yellow card warning. He suggested that the EU quickly remove the warning for Vietnam. The Vietnamese minister also had working sessions with officials of the EC Directorate-General for the Environment and Directorate-General for Maritime Affairs and Fisheries. During the meetings, he underscored the Vietnamese Government's commitment to transforming agriculture in an eco-friendly and sustainable direction and developing a transparent and sustainable farming industry as the nation steers towards becoming a major global supplier of food products./. VNA … [Read more...] about EC pledges support for Vietnam in developing sustainable fisheries
Green-certified office buildings on the rise
Green-certified office buildings on the rise, Photo: Shutterstock Standard Chartered Bank Vietnam’s head office in Hanoi was the latest to be awarded LEED Gold certification at the beginning of September, demonstrating the bank’s commitment to sustainability and delivering the most environmentally conscious design. The bank has fulfilled the standards set by the LEED Green Building rating system of the US Green Building Council (USGBC). The verification includes a range of factors including energy efficiency, human health and wellbeing, water conservation, indoor environmental quality, sustainable and regenerative material cycles, and active community engagement. Michele Wee, CEO of Standard Chartered Bank (Vietnam), said that certification reflected the bank’s shared values and commitment to crafting spaces that excel in functionality while minimising ecological footprint. “Standard Chartered commits to continuing to drive sustainable economic growth, embrace responsible … [Read more...] about Green-certified office buildings on the rise
Giants lead green packaging future
Giants lead green packaging future, illustration photo/ Source: freepik.com About 450 businesses from more than 30 countries and territories will gather for the 16th edition of ProPak in Ho Chi Minh City in November to establish a panorama of equipment and new technology in future food processing and packaging. The exhibition will offer a dynamic business platform that is shaping the future of the processing and packaging industries, particularly in an industry closely impacting the environment like packaging. Food packaging currently accounts for 30-50 per cent of the total packaging industry space, according to statistics from the Ministry of Industry and Trade, leading to a strong symbiotic relationship between the two fields of food and packaging. According to German data provider Statista, the packaging sector has been growing on-year with an average rate of 15-20 per cent, in parallel with the average increase of about 10 per cent of the food and beverages market over … [Read more...] about Giants lead green packaging future
Prime Minister calls on U.S. semiconductor firms to invest more in Vietnam
The event, part of his trip to attend the high-level week of the 78th United Nations General Assembly and bilateral activities in the U.S., was also attended by U.S. Ambassador to Vietnam Marc Knapper and President and CEO of the U.S.’s Semiconductor Industry Association (SIA) John Neuffer. The U.S. businesspeople spoke highly of the potential of the semiconductor industry in Vietnam, which boasts high-quality human resources and increasingly improved capacity of local enterprises and training establishments. They held that the two countries’ cooperation potential in this industry is substantial and highly meaningful for bilateral relations in the new period. Participants discussed investment opportunities in Vietnam and proposed cooperation measures for developing a semiconductor ecosystem in the country, with the U.S. being a strategic partner of leading importance. In the long term, they said, U.S. firms can consider the possibility of building chip factories in Vietnam. PM … [Read more...] about Prime Minister calls on U.S. semiconductor firms to invest more in Vietnam
Int’l conference discusses Vietnam – Laos – Cambodia cooperation in digital economy
The event was co-organized by the Vietnam Academy of Social Sciences (VASS), Lao Academy of Social and Economic Sciences (LASES), and Royal Academy of Cambodia (RAC). Addressing the conference, VASS President Dr. Phan Chi Hieu said the promotion of the digital economy is considered one of the key tasks to accelerate the restructuring of an economy, associated with innovation in the growth model and the improvement of growth quality, aiming to help a nation escape the middle-income trap and move towards the goal of becoming a developed industrialized country. The trend comes with opportunities and challenges for nations involved, including Vietnam, Laos, and Cambodia, in their development and expansion of investment and commercial collaboration, he noted. LASES President Dr. Sonethanou Thammavong said the conference boasts an important theme, reflecting the countries’ readiness to build their digital-transformation-oriented socio-economic infrastructure. Laos' digital … [Read more...] about Int’l conference discusses Vietnam – Laos – Cambodia cooperation in digital economy